Common Stock
topic on 3 shows · 5 statements across 5 episodes
Capital Allocators 
Top Founders 
20VC
5 statements about Common Stock, every show
Employee option financing accesses startup common stock at discounted 409A valuations
“Specifically, we can get exposure to the common stock that they're buying usually at the independently produced company board approved fair market value of that company's common stock, which tends to incorporate a Discount for lack of marketability because com…”
Kanji: Preferred stock liquidation preferences matter even in large outcomes
“Like we think that the preference matters even in these large outcomes because there could be volatility downstream.”
Maples: Common versus preferred stock made no financial difference in successful startup investments
“I've never made money or lost money based on common or preferred ever in the ones that worked”
Siroker: Founders must maximize company control to protect common stockholders
“You as the founder of the company are actually As a fiduciary responsible to represent the interests of the common stock and that's your employees, you know, and so if you want to do best for your employees, you want to rationally control as much as you possib…”